dividend
confidence high
sentiment positive
materiality 0.65
BXSL raises quarterly distribution 10% to $0.77; annualized yield 11.8%
Blackstone Secured Lending Fund
- Distribution increased to $0.77 per share from $0.70 (10% increase) for Q3 2023.
- Record date Sep 30, 2023; payable Oct 26, 2023.
- Annualized yield of 11.8% based on Mar 31 NAV of $26.10 per share.
- Portfolio remains 97.9% first-lien senior secured debt as of Mar 31, 2023.
- Fourth dividend increase since inception; driven by strong earnings and low fee structure.